XRP (XRP) Price Predictions: Will XRP Reach $4813 by 2030?

XRP has disappointed investors in recent years. In 2018, the coin reached an all-time high of $3.40, but since then the price has never come close to that level again.

Despite being created in 2012, XRP has failed to meet investors' expectations. At its peak in 2018, the coin traded as high as $3.40. However, since then, the price has never come close to reaching that level again.

Now, let’s take a closer look at how XRP is valued and what the future might hold for the coin.

One way to value XRP is by using the Athey-Mitchnick model. This model was developed by economists Susan Athey and Robert Mitchnick and provides an estimation of XRP's potential market value, assuming the coin is not impacted by external factors, such as the ongoing lawsuit with the US Securities and Exchange Commission (SEC).

According to the Athey-Mitchnick model, if XRP were unaffected by legal uncertainties, its fair market value could be around $4,813. This is substantially higher than the current trading price.

The calculations in the model are based on two major applications of XRP: as a medium of exchange for cross-border payments and as a store of value. The model predicts that by 2030, about 10% of all global transactions could be processed through the XRP Ledger (XRPL). Furthermore, it is anticipated that XRP will serve as a store of value for 10% of global assets.

This would translate to a daily transaction volume of $700 billion and a demand for XRP storage to be met, amounting to $53 trillion by 2030. As a result of this increased adoption and the coin's decreasing availability for transactions (since a large portion of it is being held as a store of value), the price of XRP could rise exponentially.

Hence, XRP is at a pivotal juncture. Despite falling short of expectations in recent years, the coin could still play a major role in the global financial market in the future.

In contrast to an economic model, the artificial intelligence (AI) model ChatGPT was recently employed to compare Cardano (ADA) and XRP. According to the AI chatbot, XRP has the brighter short-term outlook. Depending on favorable market conditions and regulations, ChatGPT anticipates a potential price increase for XRP within 3 to 12 months.

Cardano is anticipated to experience a slower recovery. The AI predicts growth within 6 to 18 months, but only if technological breakthroughs are realized.

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